<ul><li>XRP Advocate John Deaton calls out McHenry for failing to subpoena Gensler, citing obstruction in SEC oversight amid the Ripple case.</li><li>Brian Costello accuses the FSC Chair of enabling Gensler to shield China in the U.S. markets, raising concerns about national market security.</li><li>Deaton analyzes Ripple&#39;s $770 million alleged violations and anticipates lower penalties, highlighting legal intricacies in upcoming judgment.</li></ul>In a recent development, renowned XRP advocate John Deaton has criticized Patrick McHenry, the Financial Service Committee (FSC) chair, for failing to issue a subpoena to the SEC Chair Gary Gensler. This action came after Gensler refused to comply with Congressional oversight requests, greatly disappointing Deaton, who represented thousands of XRP holders in the SEC v. Ripple case.In a recent X post, Deaton emphasized Congress&#39;s need to issue multiple subpoenas to Gensler, holding him accountable for obstructing congressional oversight.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9b1672fb3cf44f1fbe034f40b9659eec.png" />Deaton&#39;s reaction stemmed from an X post by Brian Costello, a columnist at the New York Post, accusing the FSC Chair of enabling Gensler to shield China within the U.S. Capital Markets. Costello&#39;s tweet highlighted concerns about how this support bolsters China&#39;s economic growth and aids its military operations. He directly challenged McHenry&#39;s role in shedding light on the Biden administration&#39;s potential protection of China through the SEC.Read full article at<a href="https://cryptotale.org/xrp-advocate-criticizes-fsc-chairs-inaction-on-gensler-subpoena/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

XRP Advocate Criticizes FSC Chair's Inaction on Gensler Subpoena

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